The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-06-06

AZ s4c delivered No 2 47s a4Sc in elevator. ~ "a
Size canal adcat No June. 47'sa - &c closing
1850 49l4e closing at 49l4c; September quoted at
5olsc
sales. 40 600 bn futures and III 600 bu spot;
white steady mixed triae lower; mixed WESTERN %
037c: white Western. IS a i2c.
Hay quiet and steady
Hops dull and unchanged
Coffee-Sales 90 80 bags; spot fair Rio quiet: op
tons fairly active and higher; June 10 30 20 2oc'
July. 2o.25 a 20 zoe; August. 20 70 q u l3c; Sep
November. 211o@2I45c; December, ol.15@
Fl soc: January and February; 2l-5oc; March.
changed; refined quiet. Molasses firm. Rice steady.
Tallow dull Rosin quiet.
Porklsteady; trading light Cut meSsshrm- aaro
spot. 7.O2i2c; July. T.0297 .o5c; August. 2 10 q
a5e Ns spssSeer 1906 steam 500
Butter quiet and steady. Cheese quiet and weak
Eggs-Receipts. 3 155 packages higher and firm;
CHICAGO. June 4.-The wheat market opened a
little less firm than At the close yesterday Ihere
special for this, other than the local
temper, for neither cables any climatic advices
received during the early hours OF the day changed
the general situation particle dune wheat howeV-
err received good deal 90 attention during the morn
ing IL bid stoaitly for at the opening at toi9c-
One feature of the pit that there scarcely any
selling of the June option by anybody except houses
identified with the clique 1t became evident early IN
the session that the clique advancing very quietly
its selling price for the June option. June advanced
gradually during the day from the opening ngure OF
9Oi2c to 92c at tho close. The avidty With when
the offerings at each limit taken a surprise
to those who hold the theory that all wheat
short" now was agarst the actual grain in the
country" The California bulge helped june wheat
little. Shorts" bought with more or less freedom.
realizing that the CLIQUE controls cash wheat abso-
lutely. Receipts of wheat were not as heavy as ex
pected being 215 July wheat opened at SO i2c
but before the July option was forced up to
81 Isc through heavy purchases by several brokers'
No great amount of clique news was floating about
Some New Workers. predicted the collapse of their own
corner and consequent disaster to Chicago. but no
particular weight attached to gossip OF this sort
The last half hour witnessed little reaction,
but part of it made up Estimates on the visible
supply report next week that it will show an IN
crease of at least million bushels July closed at
SO SIC. 1t is estimated that during the morning
Rosenfeld e. Co. sold the shorts three million
bushels of June wheat. Corn opened steady. with a
an advance. The offerings not large,
and a gain of fsc resulted. At the bulge
appeared to be plenty sale, and all the early
gain lost. and the last sales. were the same
figures yesterday. large part OF the trading
WAS in changing contracts from June tn July. Open
ing sales of July were 80 5sc, which sold to 4Oc,
weakened and closed at 80 &c. Oats were dull and
sales within l4c range Provisions we're moder-
atey active but unsettled and prices huctuated more
freely within large range shorts appeared more
anxious cover. and times the offerings light
auirements and shortly before the close slight
weakness occurred but the last sales of short ribs
at the same figures yesterday but on lard
prices zig 07l oc better. July ribs opened at
7.6Oc, broke 7.47lo07.5O, sold at l67 i2c, re-
coded and closed 7.57la July lard opened at
672loc sold at 6.67 u % 2iec. and closed at out
side figures. The leading futures ranged as follows: